Micron breaks ground on massive chipmaking plant that could transform Central NY
Syracuse.com • • business
Key Points:
- Micron Technology and public officials broke ground on the largest private development in New York state history, marking the start of building Micron's biggest memory chip plant in Clay, just north of Syracuse.
- The project, supported by $25 billion in taxpayer subsidies, plans to build four chipmaking factories by 2041, creating an estimated 9,000 direct jobs and up to 40,000 spinoff jobs in the region.
- The $52 billion CHIPS Act played a key role in incentivizing Micron's investment, with the company receiving over $6 billion in grants to build factories in New York and Idaho.
- Construction is set to begin soon with site preparation and forest clearing, but environmental protections for endangered
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